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#11

02-11-2009, 09:52 AM

TheSpyder

Del Mar

Join Date: Jun 2006

Location: Nothing could be finer

Posts: 5,142

It has in a big way. The housing bust and banking problems have hit Dubai on a very large scale. People flipping entire huge buildings are stuck as is the housing industry.

Quote:

Originally Posted by blackthroatedwind

This is an interesting and much larger economic discussion. It's hard to imagine that the world financial crisis doesn't eventually affect Dubai.

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